Free Trial

The USD holds firm in early Europe pressing...>

FOREX
FOREX: The USD holds firm in early Europe pressing EUR, AUD, GBP & NZD to daily
lows. EURUSD prints fresh 2018 lows of $1.1831 with next support seen at
$1.1828/27 (1.618x $1.2556-$1.2155 from $1.2477/55-wma), a break here opens
reported barrier interest at $1.1800. GBPUSD holds heavy at $1.3514 and will
look to target a move back through $1.35. NZDUSD sits just off the low at
$0.6957, exporter demand is noted at $0.6950. Focus here on the RBNZ rate
decision tonight and Governor Orr's first press conference, no change is widely
expected.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.